SPDR S&P 500 (SPY)

[Two-timer]

OT: (Unless you're heavily invested in real estate stocks, REITS, etc.)--Ty Durden at ZeroHedge talks about Mort Zuckerman filing to sell a million shares of BXP to "diversify his assets." He may also build a bridge between New Mexico and Arizona, said Durden. LOL. Two

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In other news, the Commercial Real Estate market is doing very well... Oh, my mistake, was just reading the latest Cohen & Steers market update. For a more realistic observation, one may want to consider that Boston Properties Mort Zuckerman just filed to sell 1 million shares of BXP for a value of $51 million. From Bloomberg:

Zuckerman is exercising stock options and making the sale to diversify his assets, said Arista Joyner, a Boston Properties spokeswoman. He remains the largest individual shareholder in the Boston-based company he founded. Chief Executive Officer Edward Linde filed to sell 300,000 shares, filings show. Boston Properties hit a seven-month high this week and the stock is up 68 percent since March 5, when it traded at $31.49. The company, owner of New York’s General Motors Building and Citigroup Center, raised $842 million in a secondary stock offering last month, joining REITs in selling equity and debt to pay existing loans.

But wait, lest you think there might be an ulterior motive here:

Zuckerman is “not calling another high” in the stock, said Arista Joyner, a BXP spokesman. “That is not his reason at all” for selling.

In other news, Joyner will likely soon anounce that BXP has commenced the construction of a bridge between New Mexico and Arizona and is actively soliciting investor interest.

So readers, please, PLEASE, keep buying those REITs and other gangrenous, toxic, nuclear fallout - how else will the CEOs of the companies who realize that the bottom of the market is about to fall off any minute, be able to sell their shares.